BiblioVault - Books about Jewish businesspeople

Business Of Jews In Louisiana, 1840–1875

Elliot Ashkenazi

University of Alabama Press, 1988

Goes beyond institutional history to concentrate on commercial and social matters

The author’s findings imply that Jewish immigrants to the South in the first half of the 19th century came from particular locales with similar social, economic, and religious backgrounds, and they chose to live in the South because of those traditions. The experience of Jews with commercial capitalism, rather than landowning, in agricultural societies, gave the Jews of Louisiana a comparable niche in America, and they participated in the commercial aspects of a regional economy based on agricultural production. Commercial and family connections with other Jewish groups facilitated their development into a settled community. In growth and decline, Jewish communities in Louisiana and elsewhere became permanent features of the landscape and influenced, and were influenced, by the areas in which they lived.

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Eli and the Octopus

The CEO Who Tried to Reform One of the World’s Most Notorious Corporations

Matt Garcia

Harvard University Press, 2023

The poignant rise and fall of an idealistic immigrant who, as CEO of a major conglomerate, tried to change the way America did business before he himself was swallowed up by corporate corruption.

At 8 a.m. on February 3, 1975, Eli Black leapt to his death from the 44th floor of Manhattan’s Pan Am building. The immigrant-turned-CEO of United Brands—formerly United Fruit, now Chiquita—Black seemed an embodiment of the American dream. United Brands was transformed under his leadership—from the “octopus,” a nickname that captured the corrupt power the company had held over Latin American governments, to “the most socially conscious company in the hemisphere,” according to a well-placed commentator. How did it all go wrong?

Eli and the Octopus traces the rise and fall of an enigmatic business leader and his influence on the nascent project of corporate social responsibility. Born Menashe Elihu Blachowitz in Lublin, Poland, Black arrived in New York at the age of three and became a rabbi before entering the business world. Driven by the moral tenets of his faith, he charted a new course in industries known for poor treatment of workers, partnering with labor leaders like Cesar Chavez to improve conditions. But risky investments, economic recession, and a costly wave of natural disasters led Black away from the path of reform and toward corrupt backroom dealing.

Now, two decades after Google’s embrace of “Don’t be evil” as its unofficial motto, debates about “ethical capitalism” are more heated than ever. Matt Garcia presents an unvarnished portrait of Black’s complicated legacy. Exploring the limits of corporate social responsibility on American life, Eli and the Octopus offers pointed lessons for those who hope to do good while doing business.

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Louis Bamberger

Department Store Innovator and Philanthropist

Linda B. Forgosh

Brandeis University Press, 2016

Louis Bamberger (1855–1944) was the epitome of the merchant prince as public benefactor. Born in Baltimore, this son of German immigrants built his business—the great, glamorous L. Bamberger & Co. department store in Newark, N.J.—into the sixth-largest department store in the country. A multimillionaire by middle age, he joined the elite circle of German Jews who owned Macy’s, Bloomingdale’s, and Filene’s. Despite his vast wealth and local prominence, Bamberger was a reclusive figure who shunned the limelight, left no business records, and kept no diaries. He remained a bachelor and kept his private life and the rationale for his business decisions to himself. Yet his achievements are manifold. He was a merchandising genius whose innovations, including newspaper and radio ads and brilliant use of window and in-store displays, established the culture of consumption in twentieth-century America. His generous giving, both within the Jewish community and beyond it, created institutions that still stand today: the Newark YM-YWHA, Beth Israel Hospital, and the Newark Museum. Toward the end of his career, he financed and directed the creation of the Institute for Advanced Study at Princeton, which led to a friendship with Albert Einstein. Despite his significance as business innovator and philanthropist, historians of the great department stores have paid scant attention to Bamberger. This full-length biography will interest historians as well as general readers of Jewish history nationally, New Jerseyans fascinated by local history, and the Newarkers for whom Bamberger’s was a beloved local institution.

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